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Updated 2h ago
VEE logo

VEEM LtdASX:VEE Stock Report

Market Cap AU$74.1m
Updated 2h ago
Share Price
n/a
1Y-61.6%
7D-1.0%
1D0%
Portfolio Value
​
View

VEEM Ltd

ASX:VEE Stock Report

Market Cap: AU$74.1m

  • Company Overview
    • Valuation
    • Future Growth
    • Past Performance
    • Financial Health
    • Dividend
  • Management
  • Ownership
  • Other Information
  • Stock Community

VEEM (VEE) Stock Overview

Designs, produces, markets, and sells precision engineered products in Australia, the United States, Sweden, Italy, and the United Kingdom. More details

VEE fundamental analysis
Snowflake Score
Valuation2/6
Future Growth4/6
Past Performance0/6
Financial Health6/6
Dividends0/6

Rewards

Earnings are forecast to grow 100.18% per year

Risk Analysis

Does not have a meaningful market cap (A$74M)


VEE Community Fair Values

Create Narrative

See what 13 others think this stock is worth. Follow their fair value or set your own to get alerts.

Analyst Price Targets

AN
AnalystHighTarget
43.9% undervalued intrinsic discount
AnalystHighTarget
•2mo ago

Defense Programs And Fuel Savings Will Reshape Long Term Prospects For This Marine Supplier

20
0
0
AN
AnalystLowTarget
36.9% undervalued intrinsic discount
AnalystLowTarget
•6mo ago

Defense Delays And Marine Weakness Will Eventually Reward Patience

32
0
0
AN
AnalystConsensusTarget
42.3% undervalued intrinsic discount
AnalystConsensusTarget
•2mo ago

Defense Programs And Naval Rearmament Will Drive Long-Term Marine Manufacturing Upside

40
0
2

Top Analyst Narratives

AN
AnalystHighTarget
43.9% undervalued intrinsic discount
AnalystHighTarget
•2mo ago

Defense Programs And Fuel Savings Will Reshape Long Term Prospects For This Marine Supplier

20
0
0
AN
AnalystLowTarget
36.9% undervalued intrinsic discount
AnalystLowTarget
•6mo ago

Defense Delays And Marine Weakness Will Eventually Reward Patience

32
0
0
AN
AnalystConsensusTarget
42.3% undervalued intrinsic discount
AnalystConsensusTarget
•2mo ago

Defense Programs And Naval Rearmament Will Drive Long-Term Marine Manufacturing Upside

40
0
2
View all narratives

VEEM Ltd Competitors

LaserBond

Symbol: ASX:LBL
Market cap: AU$64.6m

Zicom Group

Symbol: ASX:ZGL
Market cap: AU$30.2m

Advanced Innergy Holdings

Symbol: ASX:AIH
Market cap: AU$211.2m

Environmental Group

Symbol: ASX:EGL
Market cap: AU$30.8m

Price History & Performance

Summary of share price highs, lows and changes for VEEM
Historical stock prices
Current Share PriceAU$0.51
52 Week HighAU$1.95
52 Week LowAU$0.45
Beta1.21
1 Month Change-3.81%
3 Month Change1.00%
1 Year Change-61.60%
3 Year Change-14.41%
5 Year Change-57.20%
Change since IPO-17.21%

Recent News & Updates

User avatar
Narrative Update • Jul 10

VEE: Higher Discount Rate Assumptions Will Support Future Upside Potential

Analysts have revised their fair value estimate for VEEM from A$1.20 to A$0.90, reflecting updated assumptions for slightly higher discount rates, more moderate revenue growth and lower profit margins. Future P/E expectations are broadly unchanged.
User avatar
Narrative Update • Jun 26

VEE: Higher Projected Margins And P/E Will Support Future Upside

Analysts have adjusted their fair value estimate for VEEM from A$1.15 to A$0.88, reflecting updated assumptions on discount rate, revenue growth, profit margin, and future P/E multiples in their price target models. What's in the News for VEEM No recent company specific news items for VEEM are available from the provided primary news sources.

Recent updates

User avatar
Narrative Update • Jul 10

VEE: Higher Discount Rate Assumptions Will Support Future Upside Potential

Analysts have revised their fair value estimate for VEEM from A$1.20 to A$0.90, reflecting updated assumptions for slightly higher discount rates, more moderate revenue growth and lower profit margins. Future P/E expectations are broadly unchanged.
User avatar
Narrative Update • Jun 26

VEE: Higher Projected Margins And P/E Will Support Future Upside

Analysts have adjusted their fair value estimate for VEEM from A$1.15 to A$0.88, reflecting updated assumptions on discount rate, revenue growth, profit margin, and future P/E multiples in their price target models. What's in the News for VEEM No recent company specific news items for VEEM are available from the provided primary news sources.
User avatar
New Narrative • Mar 14

Defense Programs And Fuel Savings Will Reshape Long Term Prospects For This Marine Supplier

Catalysts About VEEM VEEM designs and manufactures marine propulsion systems, gyrostabilizers and engineered cast products for commercial, defense and industrial customers. What are the underlying business or industry changes driving this perspective?
User avatar
New Narrative • Feb 28

Defense Delays And Marine Weakness Will Eventually Reward Patience

Catalysts About VEEM VEEM manufactures marine propulsion systems, gyrostabilizers and high quality nonferrous castings for commercial, defense and industrial customers. What are the underlying business or industry changes driving this perspective?
Analysis Article • Feb 02

What You Can Learn From VEEM Ltd's (ASX:VEE) P/E After Its 26% Share Price Crash

Unfortunately for some shareholders, the VEEM Ltd ( ASX:VEE ) share price has dived 26% in the last thirty days...
Analysis Article • Dec 07

VEEM Ltd (ASX:VEE) Analysts Just Slashed This Year's Estimates

The latest analyst coverage could presage a bad day for VEEM Ltd ( ASX:VEE ), with the analysts making across-the-board...
Analysis Article • Nov 14

VEEM Ltd (ASX:VEE) Shares Slammed 28% But Getting In Cheap Might Be Difficult Regardless

VEEM Ltd ( ASX:VEE ) shares have had a horrible month, losing 28% after a relatively good period beforehand. Instead of...
Analysis Article • Sep 26

VEEM Ltd (ASX:VEE) Looks Just Right With A 35% Price Jump

VEEM Ltd ( ASX:VEE ) shares have continued their recent momentum with a 35% gain in the last month alone...
Analysis Article • Sep 23

Is VEEM (ASX:VEE) Using Too Much Debt?

Warren Buffett famously said, 'Volatility is far from synonymous with risk.' So it might be obvious that you need to...
Analysis Article • Sep 04

VEEM's (ASX:VEE) Returns Have Hit A Wall

What trends should we look for it we want to identify stocks that can multiply in value over the long term? Typically...
Analysis Article • Jul 17

What Is VEEM Ltd's (ASX:VEE) Share Price Doing?

While VEEM Ltd ( ASX:VEE ) might not have the largest market cap around , it led the ASX gainers with a relatively...
Analysis Article • Jun 18

VEEM Ltd's (ASX:VEE) 26% Cheaper Price Remains In Tune With Earnings

VEEM Ltd ( ASX:VEE ) shareholders that were waiting for something to happen have been dealt a blow with a 26% share...
Analysis Article • Jun 16

Here's Why VEEM (ASX:VEE) Has A Meaningful Debt Burden

David Iben put it well when he said, 'Volatility is not a risk we care about. What we care about is avoiding the...
Analysis Article • Apr 10

Why VEEM Ltd (ASX:VEE) Could Be Worth Watching

VEEM Ltd ( ASX:VEE ), is not the largest company out there, but it saw a decent share price growth of 14% on the ASX...
Analysis Article • Feb 25

VEEM's (ASX:VEE) Shareholders Will Receive A Smaller Dividend Than Last Year

VEEM Ltd ( ASX:VEE ) is reducing its dividend to A$0.0023 on the 17th of Aprilwhich is 70% less than last year's...
Analysis Article • Jan 23

Some VEEM Ltd (ASX:VEE) Shareholders Look For Exit As Shares Take 27% Pounding

To the annoyance of some shareholders, VEEM Ltd ( ASX:VEE ) shares are down a considerable 27% in the last month, which...
Analysis Article • Jan 14

VEEM (ASX:VEE) Is Looking To Continue Growing Its Returns On Capital

There are a few key trends to look for if we want to identify the next multi-bagger. Ideally, a business will show two...
Analysis Article • Nov 29

VEEM (ASX:VEE) Seems To Use Debt Quite Sensibly

The external fund manager backed by Berkshire Hathaway's Charlie Munger, Li Lu, makes no bones about it when he says...
Analysis Article • Nov 15

Here's Why We Think VEEM (ASX:VEE) Is Well Worth Watching

Investors are often guided by the idea of discovering 'the next big thing', even if that means buying 'story stocks...
Analysis Article • Sep 26

At AU$1.36, Is It Time To Put VEEM Ltd (ASX:VEE) On Your Watch List?

VEEM Ltd ( ASX:VEE ), might not be a large cap stock, but it received a lot of attention from a substantial price...
Analysis Article • Apr 16

VEEM (ASX:VEE) Seems To Use Debt Quite Sensibly

David Iben put it well when he said, 'Volatility is not a risk we care about. What we care about is avoiding the...
Analysis Article • Mar 14

When Should You Buy VEEM Ltd (ASX:VEE)?

VEEM Ltd ( ASX:VEE ), is not the largest company out there, but it led the ASX gainers with a relatively large price...
Analysis Article • Mar 14

Subdued Growth No Barrier To VEEM Ltd (ASX:VEE) With Shares Advancing 30%

VEEM Ltd ( ASX:VEE ) shares have continued their recent momentum with a 30% gain in the last month alone. The annual...
Analysis Article • Feb 25

VEEM Ltd Beat Analyst Estimates: See What The Consensus Is Forecasting For This Year

As you might know, VEEM Ltd ( ASX:VEE ) just kicked off its latest half-year results with some very strong numbers. It...
Analysis Article • Jan 22

Returns On Capital At VEEM (ASX:VEE) Have Stalled

Finding a business that has the potential to grow substantially is not easy, but it is possible if we look at a few key...
Analysis Article • Dec 18

Investors Appear Satisfied With VEEM Ltd's (ASX:VEE) Prospects As Shares Rocket 34%

VEEM Ltd ( ASX:VEE ) shares have continued their recent momentum with a 34% gain in the last month alone. The last 30...
Analysis Article • Nov 16

These 4 Measures Indicate That VEEM (ASX:VEE) Is Using Debt Reasonably Well

Howard Marks put it nicely when he said that, rather than worrying about share price volatility, 'The possibility of...
Analysis Article • Sep 21

Investors Met With Slowing Returns on Capital At VEEM (ASX:VEE)

There are a few key trends to look for if we want to identify the next multi-bagger. Amongst other things, we'll want...
Analysis Article • Aug 19

Is Now An Opportune Moment To Examine VEEM Ltd (ASX:VEE)?

While VEEM Ltd ( ASX:VEE ) might not be the most widely known stock at the moment, it received a lot of attention from...
Analysis Article • Jun 26

Is VEEM (ASX:VEE) Using Too Much Debt?

David Iben put it well when he said, 'Volatility is not a risk we care about. What we care about is avoiding the...
Analysis Article • Jan 24

Capital Allocation Trends At VEEM (ASX:VEE) Aren't Ideal

What trends should we look for it we want to identify stocks that can multiply in value over the long term? Firstly...
Analysis Article • Dec 12

Is It Too Late To Consider Buying VEEM Ltd (ASX:VEE)?

VEEM Ltd ( ASX:VEE ), is not the largest company out there, but it led the ASX gainers with a relatively large price...
Analysis Article • Nov 16

Why We Think VEEM Ltd's (ASX:VEE) CEO Compensation Is Not Excessive At All

Despite positive share price growth of 10.0% for VEEM Ltd ( ASX:VEE ) over the last few years, earnings growth has been...
Analysis Article • Oct 17

VEEM (ASX:VEE) Has A Somewhat Strained Balance Sheet

Howard Marks put it nicely when he said that, rather than worrying about share price volatility, 'The possibility of...
Analysis Article • Aug 16

Capital Allocation Trends At VEEM (ASX:VEE) Aren't Ideal

To find a multi-bagger stock, what are the underlying trends we should look for in a business? Firstly, we'd want to...
Analysis Article • Jul 10

Is There Now An Opportunity In VEEM Ltd (ASX:VEE)?

While VEEM Ltd ( ASX:VEE ) might not be the most widely known stock at the moment, it received a lot of attention from...
Analysis Article • Jun 19

VEEM (ASX:VEE) Seems To Use Debt Quite Sensibly

Some say volatility, rather than debt, is the best way to think about risk as an investor, but Warren Buffett famously...

Shareholder Returns

VEEAU MachineryAU Market
7D-1.0%-4.9%-2.9%
1Y-61.6%-22.5%-2.7%

Return vs Industry: VEE underperformed the Australian Machinery industry which returned -22.5% over the past year.

Return vs Market: VEE underperformed the Australian Market which returned -2.7% over the past year.

Price Volatility

Is VEE's price volatile compared to industry and market?
VEE volatility
VEE Average Weekly Movement9.7%
Machinery Industry Average Movement10.2%
Market Average Movement9.6%
10% most volatile stocks in AU Market16.7%
10% least volatile stocks in AU Market3.9%

Stable Share Price: VEE has not had significant price volatility in the past 3 months compared to the Australian market.

Volatility Over Time: VEE's weekly volatility (10%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
1968n/aTrevor Ramanveem.com.au

VEEM Ltd designs, produces, markets, and sells precision engineered products in Australia, the United States, Sweden, Italy, and the United Kingdom. It offers hollow bars, propellers, shaft lines, gyrostabilizers, and marine ride control fins, as well as propulsion systems. The company also provides engineering services, including industrial balancing, pattern making, machining, driveshafts, testing, and electroless nickel plating.

VEEM Ltd Fundamentals Summary

How do VEEM's earnings and revenue compare to its market cap?
VEE fundamental statistics
Market capAU$74.11m
Earnings (TTM)-AU$17.80m
Revenue (TTM)AU$51.70m
1.4x
P/S Ratio
-4.2x
P/E Ratio

Is VEE overvalued?

See Fair Value and valuation analysis

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
VEE income statement (TTM)
RevenueAU$51.70m
Cost of RevenueAU$0
Gross ProfitAU$51.70m
Other ExpensesAU$69.50m
Earnings-AU$17.80m

Last Reported Earnings

Jun 30, 2026

Next Earnings Date

n/a

Earnings per share (EPS)-0.12
Gross Margin100.00%
Net Profit Margin-34.43%
Debt/Equity Ratio0%

How did VEE perform over the long term?

See historical performance and comparison

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2026/09/14 17:58
End of Day Share Price 2026/09/14 00:00
Earnings2026/06/30
Annual Earnings2026/06/30

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
  • SEC Form 10-K
  • SEC Form 10-Q
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
  • Analyst Research Reports
  • Blue Matrix
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
  • ICE Market Data
  • SEC Form S-1
Ownership10 years
  • Top shareholders
  • Insider trading
  • SEC Form 4
  • SEC Form 13D
Management10 years
  • Leadership team
  • Board of directors
  • SEC Form 10-K
  • SEC Form DEF 14A
Key Developments10 years
  • Company announcements
  • SEC Form 8-K

* Example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.

Analyst Sources

VEEM Ltd is covered by 2 analysts. 2 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Alexander LuMorgans Financial Limited
John LawlorOrd Minnett Limited

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